Commonwealth Consolidated Acts

INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 - SECT 7

    The functions of the Board are:

  (aa)   to provide independent strategic advice to the Secretary, the Minister and other Ministers in relation to industry, innovation, science and research matters; and

  (ab)   to undertake audits of, and prepare, review and amend plans in relation to, industry, innovation, science and research matters; and

  (ac)   to promote investment in industry, innovation, science and research; and

  (ad)   to commission and publish research in relation to industry, innovation, science and research matters; and

  (a)   such functions as are conferred on it by a provision of this Act (other than this section); and

  (b)   to evaluate, and to advise the Minister about, the operation of this Act, the Pooled Development Funds Act   1992 and the Venture Capital Act 2002 , and the Commonwealth's income tax laws as they operate in relation to those Acts; and

  (c)   such functions as are conferred on it by the Pooled Development Funds Act 1992 , the Venture Capital Act   2002 or any other Act; and

  (ca)   to give information it obtains under Part   2, 3 or 4 of the Venture Capital Act 2002 to the Commissioner for the purposes of implementing and administering the taxation law (within the meaning of the Taxation Administration Act 1953 ); and

  (d)   to do anything incidental or conducive to the performance of any of the above functions.